Plan Ledger DOL Form 5500 · updated monthly

Farmers National Bankbenefits

Farmers National Bank Welfare Plan · DANVILLE, KY · plan year 2024

Broker compensation reported · 2024
$17,726

Farmers National Bank's benefits plans covered 187 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $111,141. Insurance brokers and agents were paid $17,726 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.9% of premiums. That is $95 per covered person, below the median for employer plans that report broker pay. Broker pay rose 168% from $6,615 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF KENTUCKY · dental$92K · 305 covered
DELTA DENTAL OF KENTUCKY · vision$19K · 234 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · lifepremiums n/a · 5 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 184 covered
Brokers & agents paid · 20246
FARMERS NATIONAL BANK$17,586
JESSIE INSURANCE DANVILLE LLC$46
ACCRETIVE WHOLESALE INSURANCE SERVI$13
AP WHOLESALE INSURANCE SERVICES INC$11
MEDLINK INC$2
4 individual agents · names withheld$68

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 610189296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.